The Job Crisis in Brief
A new fact sheet from the Economic Policy Institute places the ongoing job crisis in context. Among the findings are the following (as of January 8, 2010):
Number unemployed: 15.3 million (up from 7.5 million in December 2007)
• Portion of unemployed who have been jobless more than six months: 39.8%
• Total jobs lost during the recession: 8.1 million
• Jobs lost in December 2009: 85,000
• Jobs needed to return topre-recession unemployment rate: 10.6 million
• Number of jobseekers per job opening: 6.4
• Unemployment rate: 10.0%
• States with double-digit unemployment in November 2009: 15
• White unemployment: 9.0%; black unemployment: 16.2%; Hispanic unemployment: 12.9%
- Number unemployed: 15.3 million (up from 7.5 million in December 2007)
- Portion of unemployed who have been jobless more than six months: 39.8%
- Total jobs lost during the recession: 8.1 million
- Jobs lost in December 2009: 85,000
- Jobs needed to return to pre-recession unemployment rate: 10.6 million
- Number of jobseekers per job opening: 6.4
- Unemployment rate: 10.0%
- States with double-digit unemployment in November 2009: 15
- White unemployment: 9.0%; black unemployment: 16.2%; Hispanic unemployment: 12.9%
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